July 19, 2022
PUBLIC FINANCE > Budget > FY 2022

Senate Ways and Means Economic Development & Surplus Legislation

Just days after the House concluded its debate, the Senate Committee on Ways and Means (SWM) released its version of a $4.8 billion proposal that makes direct appropriations, authorizes capital spending, proposes tax relief and includes economic development policy initiatives. The bill spends from both the FY 2022 budget surplus and remaining Fiscal Recovery Funds (FRF).